Aegon NV (AEG) To Go Ex-Dividend on September 3rd

Aegon NV (NYSE:AEG) announced a dividend on Thursday, August 20th. Investors of record on Thursday, September 3rd will be paid a dividend of 0.2455 per share by the financial services provider on Thursday, September 24th. This represents a yield of 544.0%. The ex-dividend date of this dividend is Thursday, September 3rd.

Aegon has increased its dividend by an average of 0.1%annually over the last three years. Aegon has a dividend payout ratio of 41.0% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Aegon to earn $1.38 per share next year, which means the company should continue to be able to cover its $0.41 annual dividend with an expected future payout ratio of 29.7%.

Aegon Price Performance

Shares of AEG stock opened at $9.15 on Tuesday. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.12 and a quick ratio of 0.07. The company has a market capitalization of $18.36 billion, a P/E ratio of -57.19 and a beta of 0.84. The company’s 50-day simple moving average is $9.05 and its two-hundred day simple moving average is $8.27. Aegon has a one year low of $6.75 and a one year high of $9.61.

Institutional Trading of Aegon

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. BNP Paribas Financial Markets lifted its stake in shares of Aegon by 306.1% during the 2nd quarter. BNP Paribas Financial Markets now owns 6,169,541 shares of the financial services provider’s stock worth $44,667,000 after purchasing an additional 4,650,272 shares during the last quarter. Dimensional Fund Advisors LP raised its holdings in Aegon by 27.5% in the third quarter. Dimensional Fund Advisors LP now owns 9,869,198 shares of the financial services provider’s stock worth $78,853,000 after purchasing an additional 2,127,932 shares in the last quarter. Tower Research Capital LLC TRC lifted its position in shares of Aegon by 46,430.6% during the third quarter. Tower Research Capital LLC TRC now owns 1,207,468 shares of the financial services provider’s stock valued at $9,648,000 after buying an additional 1,204,873 shares during the last quarter. Marshall Wace LLP purchased a new stake in shares of Aegon during the second quarter valued at about $8,022,000. Finally, Ameriprise Financial Inc. boosted its holdings in shares of Aegon by 923.9% in the 2nd quarter. Ameriprise Financial Inc. now owns 997,035 shares of the financial services provider’s stock valued at $7,225,000 after buying an additional 899,662 shares in the last quarter. Institutional investors own 4.32% of the company’s stock.

About Aegon

Aegon N.V. is a multinational financial services company headquartered in The Hague, Netherlands, specializing in life insurance, pensions and asset management. Established in 1983 through the merger of AGO and Ennia, Aegon has built a reputation for offering retirement solutions, savings products and protection plans aimed at helping customers secure their financial futures. The company operates under well-known brands, including Transamerica in the United States, and serves both individual and corporate clients.

Throughout its history, Aegon has pursued strategic acquisitions and partnerships to strengthen its market position and broaden its service offerings.